Some investors are averse to gold because, as Warren Buffett argues, it is an unproductive asset. Whereas equities and property can be useful and provide a return, gold “doesn’t do anything but sit there” and consequently has little inherent value, from Buffett’s point of view. The World Gold Council, however, says investment demand for gold exceeded 1,500 tonnes in 2016. As well as being the second-best year on record for inflows to gold exchange-traded funds (ETFs), sales of coins and bars alsWednesday, December 13, 2017

Many people have now heard of bitcoin and cryptocurrency. And many have heard the term “blockchain” thrown around. But what is this new technology, and why is it such a big deal? How does it work? What other uses for blockchain exist outside of facilitating financial transactions? How does it make traditional banking obsolete?
Blockchain defined
A blockchain is a distributed ledger of transactions that use cryptography to keep exchanges secure. A distributed network of computers verifies orWednesday, December 13, 2017

First, a salute to All News Pipeline, where Stefan Stanford and Susan Duclos have been continuously releasing letters written by Dr. Peter V. Pry, the foremost American expert on the EMP (Electromagnetic Pulse) threat against the U.S. Please visit All News Pipeline and read the latest two articles by Dr. Pry regarding North Korea’s definitive nuclear threat to the U.S., a threat the Mainstream Media (MSM) are either ignoring or downplaying: the former due to narcissistic arrogance, and the latteTuesday, December 12, 2017

Bullion Star, headquartered in Singapore, today expounds on the city-state's great advantages for gold investors.
Bullion Star writes: "Apart from the goods-and-services tax exemption on investment precious metals, there are a number of other jurisdictional advantages that have supported the growth of Singapore as a gold trading and storage hub and that reinforce the logic for buying gold and storing gold in Singapore.
"In Singapore, there are no other taxes when buying gold, silver, or other Tuesday, December 12, 2017

US large cap stocks are the most overvalued in history. Let's investigate six ways.Crescat Capital claims US large cap stocks are the most overvalued in history, higher than prior speculative mania market peaks in 1929 and 2000.
Their 25-page presentation makes a compelling case, with numerous charts. It's worth your time to download and investigate the report.
Six Ways Socks Most Overvalued in History
Price to Sales
Price to Book
Enterprise Value to Sales
Enterprise Value to EBITDA
Price to EMonday, December 11, 2017

Dictatorship (noun): Definition #3: absolute power or authority (Websters); Def. #2: absolute, imperious or overbearing power or control (Random House);Def. #3: Absolute or despotic control or power (American Heritage);Def. #3: Absolute or supreme power or authority (Collins English Dictionary);Def. #1: A type of government where absolute sovereignty is allotted to an individual or small clique (Wikipedia).“If you know the enemy and know yourself, you need not fear the result of a hundred battleSunday, December 10, 2017

There is a Disinformation War taking place in the silver market as certain industry analysis is confusing individuals by purposely disregarding the tremendous impact of rising investment demand. Not only do I find this troubling, but I am also quite surprised how much the silver industry pays attention to this faulty analysis. So, it’s time once again to set the record straight.Setting the record straight has now become a new mission for me at the SRSrocco Report because the amount of disinforFriday, December 8, 2017

One California lawmaker is seeking to have the state ban all vehicles powered by fossil fuels by the year 2040. Should the bill succeed in becoming a law, the state of California would not allow residents to register any vehicle that emits carbon dioxide.
According to Bloomberg, California Assemblymember Phil Ting, a Democrat who is chairman of the chamber’s budget committee, said he plans to introduce a bill that, starting in 2040, would allow the state’s motor vehicles department to register Wednesday, December 6, 2017

Technical analyst Jack Chan charts the latest moves in the gold and silver markets, as well as the one-day fluctuations of a gold major.
Our proprietary cycle indicator is down.
The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.
Gold sector is on a short term buy signal. Short term signals can last for days and weeks, and are more suitable for tradTuesday, December 5, 2017

Total ounces of gold and silver sold by The Perth Mint in November 2017 as coins and minted bars: - Gold (Au): 23,901 oz - Silver (Ag): 544,436 oz This chart shows total monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.Monday, December 4, 2017

This is where Hype Goes to Die.
Today was the monthly moment of truth for automakers in the US. They reported the number of new vehicles that their dealers delivered to their customers and that the automakers delivered directly to large fleet customers. These are unit sales, not dollar sales, and they’re religiously followed by the industry.
Total sales rose 0.9% from a year ago to 1,393,010 new vehicles, according to Autodata, which tracks these sales as they’re reported by the automakers. SaleMonday, December 4, 2017

Gold and silver are on track to hit a yearly low this December, as they have for the past five years, says Bob Moriarty of 321 Gold, who explains his reasoning and why he welcomes these moves.
Silver and gold have hit a new a low for the year during December in each of the last five years. They are on track for repeating their journey this year if we are to believe sentiment matters. And I do.
Two measures allow us to gauge sentiment. My favorite is theMonday, December 4, 2017

GM claims it will have a fleet of robotaxis by 2019 and that will be its biggest profit-maker within a decade.Please consider GM Aims for Self-Driving Taxi Fleet by 2019.
GM executives, speaking at an investor conference Thursday, said the company aims to run a large-scale fleet of driverless cars in big cities by 2019. GM is among the first major driverless-car developers to attach a timeline to the commercialization of autonomous vehicles, and the 109-year-old auto maker is racing big tech coSunday, December 3, 2017

“Uber-bull predictions of gold at over $5,000 per ounce are not beyond the realms of possibility…”
So says GoldCore founder and self-confessed gold bug, Mark O’Byrne.
Indeed, I recently caught up with Mark to get his thoughts on gold and what’s going on with it right now…
But before we got to the nitty-gritty, I started by asking him a little about his background:
GLENN: How long have you been in the gold business, Mark?
MARK: Well, I founded GoldCore more than 14 years ago and it’s been my passSaturday, December 2, 2017

The
junior gold miners’ stocks have spent months grinding sideways near
lows, sapping confidence and breeding widespread bearishness. The
entire precious-metals sector has been left for dead, eclipsed by
the dazzling Trumphoria stock-market rally. But traders need to
keep their eyes on the fundamental ball so herd sentiment doesn’t
mislead them. The juniors recently reported Q3 earnings, and
enjoyed strong results.
Four
times a year publicly-traded companiesFriday, December 1, 2017

GOLD BULLION prices gave back a rally against the US Dollar on Friday to head for their lowest weekly close in four as European stock markets retreated, relations between Turkey and Nato ally the US worsened again, and Bitcoin rallied 6% below this week's new all-time record high.
Falling back to $1273 per ounce at lunchtime in London, wholesale gold bullion bars began December 10% higher for 2017 to date against the Dollar, but was lower from NFriday, December 1, 2017

Every bubble inflates, rises vertically, excites the masses (get rich now – don’t be left behind), appears unstoppable and crashes. The sun rises and sets. Twilight emerges.
Empires, markets, and ideas enter their twilight zone where huge changes occur. Those changes may not happen next week or next month, but soon. Expect the bubbles in stocks and bonds to burst, as they inevitably must, and precious metals to rise – finally!
Consider the following bubble examples: Amazon, Apple and Bitcoin.
Friday, December 1, 2017

This article was originally published by Michael Snyder at The Economic Collapse
Did you know that the number of retail store closings in 2017 has already tripled the number from all of 2016? Last year, a total of 2,056 store locations were closed down, but this year more than 6,700 stores have been shut down so far. That absolutely shatters the all-time record for store closings in a single year, and yet nobody seems that concerned about it. In 2008, an all-time record 6,163 retail stores werWednesday, November 29, 2017

Not since 2010 has gold moved to the upside as it is moving in 2017.
The good news is it is being overshadowed by all the noise being made by
cryptocurrencies and bitcoin in particular. Some in the gold community
are upset about cryptos stealing all the headlines; not me, however. I love
visiting websites and YouTube channels that have comments that read
something like “
gold went up $6 today while bitcoin went up $600 – sale all your bitcoin and buy gold“.
Of course this is intended as sWednesday, November 29, 2017

Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, explain the "Potent Director Fallacy," and describe what this belief system means for gold and other markets.
This is a very frustrating period for gold investors. Global financial and geopolitical risks appear to be very high but gold has not responded. Gold and gold stocks are range-trading and have been since early March of this year. Gold is in a roughly $150 range (about 15%) while the HUI, Tuesday, November 28, 2017